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$4,950,000
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Property Description
5503 Maywood Avenue is a unique 28-unit multifamily investment opportunity located in the high-demand Southeast Los Angeles submarket of Maywood. The property features an excellent unit mix comprised of twenty-seven (27) 2-bed/1-bath apartments, built in 1963, plus one (1) detached 5-bed/2-bath single-family residence built in 1923.Offered at a compelling 9.03 GRM and 5.82% Cap Rate on current income, this asset presents both immediate cash flow and long-term upside with projected market metrics of 7.06 GRM and 8.53% Cap Rate. All units are master-metered for gas, electricity, and water, with the exception of the single-family home. The front house will be leased back to the current owner at $3,500/month for a 6-year term, and the buyer will receive an $84,000 rent credit at close of escrow to offset the first 24 months. The on-site laundry room is not currently in use, offering additional upside for future income generation. The property includes (27) open parking spaces and (1) 2-car garage, and is subject to the City of Maywood Rent Stabilization Ordinance.
Full Property Details
Full Property Details for 5503 Maywood Ave
General
- Sold For: $4,950,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25587535
- Added to Site: 177 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 29
Bedrooms
- Total Bedrooms: 59
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Garage - 2 Car, Garage Is Attached, Parking Space
Location
- Area: Maywood, Bell
- County: Los Angeles
- Driving Directions: North of Slauson Avenue and East of Downey Road
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 22,520
- Sq. Ft. Source: Assessor
- Year Built: 1963
- Year Built Source: Assessor
Unit Information
- Units in Complex: 28
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 5
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.6892
- Lot Size: 30022
- Lot Size Source: Assessor
- Zoning: MYM1*
Financial Considerations
- Price Per Sq. Ft.: $244.23
- Assessment Year: 1963
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6311-026-015
Listed and Sold by Remax Commercial and Investment Realty, Nicholas Petrosian
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Schools
Schools serving 5503 Maywood Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Loma Vista Elementary School, Maywood, CA 3629 East 58th Street, Maywood, CA 90270 | K-5 | 0.3 mi |
Chester W. Nimitz Middle School 6021 Carmelita Avenue, Huntington Park, CA 90255 | 7-8 | 0.6 mi |
Bell Senior High School 4328 Bell Avenue, Bell, CA 90201 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5503 Maywood Ave
Date
Details
Price
Change
Source
12/05/2025
Sold
$4,950,000
-10%
MLS
9/04/2025
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5503 Maywood Ave, Maywood, CA 90270 (MLS# 25587535) is a Multi-Family property that was sold at $4,950,000 on December 05, 2025. Want to learn more about 5503 Maywood Ave? Do you have questions about finding other Multi-Family real estate for sale in Maywood? You can browse all Maywood real estate or contact a Coldwell Banker agent to request more information.

